L&T FINANCE Results Analysis-Q3FY26

Interest Earned for Q3FY26 is Rs. 4,110 Crs., 13.85% growth YoY, Net Interest Income is Rs. 2,407 Crs., 17.93% growth YoY, Total Income is Rs. 2,920 Crs., 17.74% growth YoY, Pre-Provisioning Operating Profit is Rs. 1,785 Crs., 25.53% growth YoY, PBT is Rs. 993 Crs., 20.36% growth YoY, Net profit is Rs. 739 Crs., 18.05% growth YoY (which includes 28.51 Cr. one-time impact of New Labour Code). For Q3FY26 Gross Stage-3 3.19% vs 3.23% in Q3FY25, Net Stage-3 0.92% vs 0.97% in Q3FY25, indicates steady asset quality. Net Interest Margin is 8.58% improved by 8 BPS on YoY basis Return on Assets is 2.31% improved by 4 BPS on YoY basis, Closing Book as on Q3FY26 is Rs. 1,14,285 Crs., 20.15% growth YoY. On QoQ basis Interest Earned has achieved 6.7% growth, Net Interest Income has grown by 8.52%, Net Interest Margin improved by 16 BPS, Total Income has grown by 8.47%, Pre-Provisioning Operating Profit has grown by 9.91%, PBT and PAT growth ((which includes 28.51 Cr. one-time impact of New Labour Code) is remain flat.